Q695
The regional imbalances in resources and financial inequalities can be reduced by:
A.
Transferring Union List taxes to the State List (List-II) of the Seventh Schedule to the Constitution
B.
Assignment of taxes levied collected by the Union to the States
C.
Sharing of taxes on income and corporation tax between the Union and the States
D.
Grants in aid of the revenues to the States
AnswerAnswer: Option D
Solution
Answer: Option D
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